The average price in the Missouri region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Missouri has increased strongly in the last 6 months. During March, the average price per sq.feet was $459. The following month (April) the price had a considerable deflation reaching $184 per sq.feet. In the following two months (May, June) the price per sq.feet has risen strongly to a 159 %. In the last two months, the price per sq.feet has had a significant increase of 194 %. This has been obtained by comparing the price of $416.5 for the first four months of the sample with regard to the previous 4 months and the price of $807.5 per sq.feet for the last two months (July, August).
Based upon to the price in Missouri(region), these have remained the same in the last 6 months. In the first month sample March the average price is $338,731. In April the price was the same at $355,431. In the following two months the average price didn't change much compared to the previous two going from $347,081 to $362,869. During the last two months the price has reduced 85 % compared to the previous average values going from $354,975 a $302,721.5 in July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 49 % more affordable than the average price in Missouri followed by those with 2 with an average price of $196,905. The most costly properties have 4 bedrooms. They are 34 % more expensive than the average followed by those properties with 3 bedrooms priced at $280,762.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $178 / sq.feet being $1,202 / sq.feet the average value within the Missouri region. The properties with the cheapest average price are those with 3 bedrooms. These are 27 % lower than the average followed by those with 4 bedrooms with a price of $762 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $301,567 it is 20 % more affordable than the average in Missouri. This is followed by "Townhouse" with a price of $268,628. The dearest property type is "Commercial" and is 61 % more expensive than the average, followed by "Apartment" with a cost of $429,792.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $166 / sq.feet, followed by "Commercial" with a price of $227 / sq.feet. "Land" with an average price of $1,526 / sq.feet is the most costly type of property followed by "House" at a price of $1,291 / sq.feet.